Principles of Accounting I (ACCT 120)
Term: 2013-2014 Fall
Director of Instructional Support & Professional Development
605-718-2951
Mon-Tue-Thu-Fri, 10:00 AM - 10:50 AM (8/26/2013 - 12/20/2013) Location: MAIN WAN 210
This course is an introduction to fundamental accounting concepts. It focuses on understanding the steps in the accounting cycle, i.e., recording transactions, posting, preparing a trial balance, preparing the work sheet, financial statements, and the adjusting and closing process. Additionally, it includes the study of current and non-current assets, current and long-term liabilities, payroll accounting, and partnership accounting.